408 S Race ST, Lampasas TX 76550

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $288,415. Pricing this home between $341,000 and $345,000 would put it in the competitive sweet spot for 76550. This pricing would rank the home as the most affordable of 6 comparable homes on the market in 76550's current inventory. At 63 years older than typical comps, the 1900 build date influences the valuation. The smaller lot (0.21 acres versus the area average of 0.43) contributes to the valuation. 6 similar homes are currently available in 76550, creating a buyer's market for this price range. Market data shows 76550 prices risen 1.6% over the last half year. The closest comparable sale, 408 S Race ST, Lampasas TX 76550 at an adjusted $324,500, is a strong comparable. With 7 comparable sales in 76550, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group